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The summit of Gulf States, on the agenda of terror and VAT

9 December in Riyadh will start 36 the summit of the Council of the interaction of Gulf States. The main issue on its agenda will be the terrorist threat in the middle East and the situation in countries such as Syria and Yemen.

The Council, which includes Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and the United Arab Emirates, was of the view that the actions of the terrorist group «Islamic state» contrary to the Muslim religion. These countries are members of the international coalition acting against ISIS.

To participate in the summit and invited the delegation of the moderate Syrian opposition. The purpose of these consultations is to develop a unified position on the question of the formation of Syria’s transitional authorities and the beginning of negotiations designed to end the civil war.

On the agenda – the issues on deepening economic integration. In particular, it is planned to introduce a single value added tax. It is expected that he will make 5%. On the introduction of a unified VAT will take three years.

This new tax will be exempt spending on education and health care, social services sector, as well as a range of food products. The list of 94 names of food products.




The summit of Gulf States, on the agenda of terror and VAT 08.12.2015

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